-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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Setback in TB war
-The Hindu The efforts to win the war against tuberculosis using an efficacious vaccine candidate (MVA85A) in infants aged 4-6 months have returned a disappointing verdict despite showing great promise in pre-clinical trials. Though it fulfilled the primary objective of safety and despite inducing modest immune responses, the efficacy of the vaccine was just 17.3 per cent, and hence considered insufficient to protect the infants against TB, notes a paper published...
More »Ramesh contradicts FM, says NREGA has positive impacts -Urmi A Goswami
-The Economic Times Rural Development minister Jairam Ramesh has written to Prime Minister Manmohan Singh explaining the positive impact of the rural employment guarantee programme on agricultural production. The note is in response to persistent claims by Finance Minister P Chidambaram and Agriculture minister Sharad Pawar that the rural employment scheme has adversely affected agriculture. Stressing on the positive impact of the UPA's employment programme, Ramesh has suggested that the Prime...
More »NSSO data not necessarily helps reach right conclusion: Montek Singh Ahluwalia
-PTI The government needs to do a lot to create new jobs, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Thursday adding the NSSO data does not necessarily reveal "what exactly is happening". "It is not sufficient to reach to any conclusion about the workforce scenario. I don't believe that we can come to an unambiguous conclusion on the basis of NSSO data that what exactly is happening", he said addressing...
More »EPFO to include 'AAA' rated corporate bonds in portfolio-Raj Kumar Ray
-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
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